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Management Rights business for sale in Kangaroo Point

  • Management Rights
  • Kangaroo Point QLD 4169
  • Bus: $1,530,877 + Unit: $415,000

Business-only Netting $293k Permanent In Kangaroo Point | Resort Brokers Id : Mr005783


Resort Broker's Australia brings you this unique opportunity for the first time to market since the developer launched it in April 2018. This business includes a stunning one-bedroom apartment that can be rented out or you can have a manager reside in.

- New York-style designed hi-rise with river and city views
- Sweeping city skyline views from the rooftop entertainment terrace with exclusive use swimming pool, open fireplace and pizza oven
- No set office hours and no requirement to live on-site
- Over 24 years remaining on both Caretaking and Letting Agreements
- High annual net profit over $270,000 in a sought-after position by tenants
- 62 apartments in the letting pool currently 
- Potential upside from the additional 6 as yet unsold apartments
- Exceptional interior design with superior fittings and finishes to all apartments
- The manager's one-bedroom apartment can be rented out to produce $20,500 income annually 
- Operational spaces include a 7sqm office
- Enviable location with access to recreational and sporting facilities, entertainment and cultural precincts, employment and educational hubs
- Easy walking distance to Brisbane CBD, The Gabba, Mater Hospital, South Bank and Five-ways precinct
- Property inspections are by appointment only

Business Highlights

Business ID2015181625
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Last updated  17 Apr 2019
Map for Kangaroo Point QLD 4169
Resort Brokers Australia Pty Ltd
362 Montague Rd West End QLD 4101

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